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Germany stocks mixed at close of trade; DAX up 0.55%

Published 05/05/2017, 12:15 PM
Updated 05/05/2017, 12:15 PM
© Reuters.  Germany stocks mixed at close of trade; DAX up 0.55%

Investing.com – Germany stocks were mixed after the close on Friday, as gains in the Basic Resources, Construction and Chemicals sectors led shares higher while losses in the Media, Utilities and Insurance sectors led shares lower.

At the close in Frankfurt, the DAX gained 0.55% to hit a new all time high, while the MDAX index climbed 0.54%, and the TecDAX index lost 0.56%.

The best performers of the session on the DAX were Linde AG O.N. (DE:LING), which rose 2.38% or 4.05 points to trade at 174.00 at the close. Meanwhile, Bayerische Motoren Werke AG (DE:BMWG) added 2.06% or 1.800 points to end at 89.100 and Thyssenkrupp AG O.N. (DE:TKAG) was up 2.02% or 0.445 points to 22.515 in late trade.

The worst performers of the session were E.ON SE NA (DE:EONGn), which fell 1.11% or 0.079 points to trade at 7.066 at the close. Prosiebensat 1 Media AG (DE:PSMGn) declined 0.67% or 0.275 points to end at 40.780 and Deutsche Boerse AG (DE:DB1Gn) was down 0.56% or 0.520 points to 92.520.

The top performers on the MDAX were Osram Licht AG (F:OSRn) which rose 4.11% to 66.391, Schaeffler AG Pref (DE:SHA_p) which was up 3.87% to settle at 15.85 and K+S AG NA O.N. (DE:SDFGn) which gained 3.30% to close at 22.680.

The worst performers were Fielmann AG (DE:FIEG) which was down 2.40% to 71.060 in late trade, Duerr AG (DE:DUEG) which lost 1.59% to settle at 93.000 and MTU Aero Engines NA O.N. (DE:MTXGn) which was down 1.46% to 132.00 at the close.

The top performers on the TecDAX were CompuGroup Medical AG O.N. (DE:COPMa) which rose 1.95% to 45.160, Dialog Semiconductor (DE:DLGS) which was up 1.20% to settle at 43.000 and Adva Optical Networking SE (DE:ADAG) which gained 1.16% to close at 9.840.

The worst performers were Telefonica Deutschland Holding AG (DE:O2Dn) which was down 6.97% to 4.295 in late trade, Xing AG (DE:OBCGn) which lost 5.34% to settle at 207.30 and Medigene NA O.N. (DE:MDG1k) which was down 3.05% to 10.790 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 420 to 363 and 18 ended unchanged.

Shares in Linde AG O.N. (DE:LING) rose to 52-week highs; gaining 2.38% or 4.05 to 174.00. Shares in Osram Licht AG (F:OSRn) rose to all time highs; rising 4.11% or 2.624 to 66.391.

The DAX volatility index, which measures the implied volatility of DAX options, was up 6.29% to 15.45.

Gold Futures for June delivery was up 0.04% or 0.54 to $1229.14 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 1.25% or 0.57 to hit $46.09 a barrel, while the July Brent oil contract rose 1.12% or 0.54 to trade at $48.92 a barrel.

EUR/USD was up 0.12% to 1.0997, while EUR/GBP fell 0.12% to 0.8489.

The US Dollar Index Futures was down 0.10% at 98.51.

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